Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) declared a quarterly dividend on Monday, April 28th, Wall Street Journal reports. Investors of record on Friday, May 9th will be given a dividend of 0.18 per share by the financial services provider on Friday, May 23rd. This represents a $0.72 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Friday, May 9th.
Oppenheimer has increased its dividend payment by an average of 6.9% per year over the last three years.
Oppenheimer Trading Down 0.9 %
OPY stock traded down $0.52 during mid-day trading on Monday, reaching $58.19. The company had a trading volume of 36,092 shares, compared to its average volume of 28,089. The company has a market capitalization of $612.40 million, a PE ratio of 9.13 and a beta of 1.10. The firm has a 50 day moving average of $59.28 and a 200 day moving average of $61.20. Oppenheimer has a 12 month low of $39.75 and a 12 month high of $73.12. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.29 and a quick ratio of 0.80.
Oppenheimer (NYSE:OPY - Get Free Report) last announced its quarterly earnings results on Friday, April 25th. The financial services provider reported $2.72 EPS for the quarter. Oppenheimer had a return on equity of 8.76% and a net margin of 5.00%. The firm had revenue of $367.83 million for the quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com downgraded Oppenheimer from a "strong-buy" rating to a "buy" rating in a report on Monday, February 3rd.
View Our Latest Stock Report on Oppenheimer
About Oppenheimer
(
Get Free Report)
Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.
Further Reading
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